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<br /> - -�` �`', .`'y`,=�<�: , �7ti�folt�wingacs addenda to the Nlort�g�Pt��heck the appliabie addendum.Thc addendum checked shall be inwrporatod'mto,and . ,
<br /> _ �t `.t` ' secutdedvriih,9heMortgage.'Che�im"Mottgs�"shaU6ede�anedtoincdude��edofT�usl;ifappli�bl�. • • � , �� "'
<br /> � � �� T—.-�c F'�1A aad�m�iA ADDENDUM -- - — - _ --- _ . _- --_ - _ - -- _ : - .—-
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<br /> ��� 1'HIS TAX-EXBMF'i'�7NAAI�It3 RIDER i�made tPtis ,,���, day oi . l9__�d�s ���\-.�
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<br /> -` , samedategivenbythswdr,�sign�("Borrow�e�"}lo�ruteBorrawe�'sNote(°Note")to .- ;�;�,_
<br /> <'; .r, .�". and oo�erin the ��S 6ed��S�auity Instiam�d Iocate�aC � � i f..`=_.`
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<br /> � _ ' � - �� palagcsph 9 of the Model Maitgag�Fom�,enGUed"Gtoands[or Aaoeter�Gon of U86��by�dding sdditional�unnds[oraoateiation as � �_
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<br />. t�end�r,ars�ofitss�aooessor�are�gnss�tpaY��ra mpli�ue e���.-� ... - --
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<br /> � with the pro�isians af lh�s Ta�•Baempi F'�ancin,LB��t,may[equite imm�diate�e�t in full of a11 sums s�by t6is S�arty� :,�:'.�=_=
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<br /> � a� (a)All or pan of t�e Properly is sa��r othe�e t�ansferced by Bonawer ta�pucrd�aser or otha ttansfe� --
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<br />� •..�' �;-: . (�Whocannolreasooablyl�ag�ecte�ttooaa�pytheproperiqasapri�ci�galr�sid�na�v�it�inaceasona�Sataneatiecil�saleor __
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<br /> - , . . ' . �`' transfei,all as provided in Se�o�R93Zc}and('�2)of lhe lnter�f Revenue Cflde;or • � � _
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<br /> ��".,-��::� ;� ofihet6tx�yeac�iad�adin onthedaUa ��
<br />- _ . . . _ . (n�VYdo has�d a p�eseut ownersDip inte-�in a prinapal cesxienoe d�,g aay part e�� 8 .
<br /> ��•j<,' ���� `=:r ofthesaleortrar�,.el9asprovided'mScc�ia�P�3(d)and�j(2)ott6eIntei�RevenueCode(eaoaptl�iat°�€��cmzn�s6aU�
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<br /> ���' � � substituted for'�S pecaent or moce"when the�a'tier appea�s iu Section 143(d�1)�ar , . s.; _
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<br /> ,T � a _',��. �("u7 At an aoqaisition oo�tw6id�is greater Wan 90 pement oithaaver�ge areapwehasepria�(gnafer than 110 petoent Por _
<br />_ '.�'"�' ` .targeted an�ceslde�aash a!}as pmvidod in Seciion 143(e)and CHz?of I�e Int�taal Revenue Cndt;oi ;.}: �
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<br /> - -- -� . � ('cv)EYho I�agc�s iam'csp income inexa�af the applicabt�p�zt�cen�ag��i�ppli�b!:med'iao faw�y inoome as pme�.in
<br /> - ----�� . �. Se�tion 143(t)and(i}(2)of ine intetnal Revenue Cod�or ' � .
<br /> � ',��: � � (6�Bor[awer fa�s to aoc�py i�e property desai6�in We Sxurity lnslrument withont.priflr written aon�A�of Lender or iis �
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<br /> ' suoo�so�s or assigus desqibed at We 6cginn9ag o[We Taa•Exempt Financiag ltider,or
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<br /> = � �� (c)Borrovnr omits or misnpnsents a fact t�atis material witli resped to tha provisions of S�tion 143 otthe�ntemal Revenue Cade
<br /> a �.-_:.,s�� �� •; ia�n appti�tian foc�he loanserure�6y thisS�u'r��y IaslramenL ' . -
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<br /> :., - - I�af�enas are to the Iateroal Revenue Code as amended aad in e(fed on tQe date oPi�suaaae oibonds,�he prooteds of��wil�be ' �.
<br /> d � uscd�o�inanae the�arity lnsinamtnt and are deemed to inc�uda the implcmenGng ngu�ations. . '
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<br /> " -;���,;��;-. ;: � BY SiGNING BL•a�W,Borroweraaaeptsand�ato thet�r�nsaad provisionsin thisTex-Ex�nptFinansa�l�ider.
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<br /> �'�' ' � � ` GRAND 1SLAND, NC 688p1 �
<br /> ' ��`` ��.� if,so long as tt�Mo�tg�ge is oulslanding,all or any pad ot the properly iss�ld ac I�ansferred by Borrowec without Lende�a prior wtitten +-. �
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<br /> � ' coasent,oth¢tlhaa a Ir�asferbydevise,des�ent or6yoperationotlaw,lhei.eadermay,at Lender's option,decdateallthesamssc�ured 6ytiie .
<br /> �� Mortgage lo be immediatety due nnd payable. ' . � �
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